One of the prime responsibilities of the board of directors is to understand and oversee its firm's risk profile. Unlike more traditional studies, this paper studies the resiliency of U.S. firms' board of directors to a growing threat, cyber risk. We exploit a recent European Union (EU)...

This article argues that workers should have representation on corporate boards of directors and explores the policy choices available in the U.S. context achieve the goal of worker representation. Effectively implementing such a reform requires consideration of key issues, including: how many...

This paper examines the issue of board diversity and the role of women in the finance industry. Estimation of panel data regressions for a sample of all financial institutions in Canada and the US over the period 2008-2019 identified some qualitative and quantitative factors that allowed the...

The popular and academic literatures report that women, Blacks, Hispanics, and Native Americans are under-represented on US corporate boards of directors, relative to their incidence in the US labor force. We confirm this observation by tabulating the presence of female and under-represented...

Across the globe, cities, states, and countries are moving towards improving gender diversity in corporate boardrooms. In 2003, Norway became the first developed country to institute a gender quota for corporate boards of directors, and other countries have followed suit. As the ratio of women...